Billionaire Hanauer Hammers Stock Buybacks

Self-made billionaire (meaning he didn’t inherit it), Nick Hanauer is not one to mince words, especially when they are backed by facts and principles of fairness. The Seattle entrepreneur, author and venture capitalist (he was the first non-family investor in Amazon), is known for vocally championing Seattle’s staggered increase of its minimum wage to $15 […]

Letter to Cisco CEO John Chambers regarding his “predictable gloom” in assessing the company’s future to stockholders

Dear Mr. Chambers: You have once again skewered shareholder value this week with your predictable gloom, that historically belies the contrary reality in Cisco’s steady increase in sales and profits and in so doing raised questions about your leadership. Why do you, for example, feel so compelled to follow quarter after quarter of greater sales […]